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Bill > SB230


WI SB230

Requiring retail sellers to accept cash and providing a penalty. (FE)


summary

Introduced
04/29/2025
In Committee
04/29/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill requires a retailer who sells goods or services from a physical location to accept cash as payment during a face-to-face sale with a consumer at one or more points of sale at the physical location, unless the person is otherwise prohibited by law from accepting cash. A retailer who violates this requirement is subject to a civil forfeiture of $200 to $5,000. For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill requires retailers with physical store locations to accept cash as payment during face-to-face sales at one or more points of sale, with some exceptions for situations where cash might be legally prohibited. Under the proposed law, any retailer who fails to accept cash payments will be subject to civil penalties ranging from $200 to $5,000 for each violation. The enforcement mechanism allows the state department or district attorneys (after notifying the department) to pursue legal action to recover these financial penalties. Additionally, regulators can seek temporary or permanent injunctions against businesses that do not comply with the cash acceptance requirement. The bill aims to ensure consumer access to purchasing goods and services by preventing businesses from becoming "cashless" and potentially excluding customers who may not have access to electronic payment methods like credit or debit cards. By creating a new section (100.76) in the state statutes, this legislation seeks to protect consumer payment options and promote financial inclusivity.

Committee Categories

Government Affairs

Sponsors (9)

Last Action

Fiscal estimate received (on 06/05/2025)

bill text


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